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Boston Stock Exchange And Bentley College Announce Joint Scholarship Program

November 18, 1999

BOSTON, MA, November 19, 1999-The Boston Stock Exchange (BSE) and Bentley College today announced the first recipients of the Bentley College-Boston Stock Exchange Scholarship which was inaugurated this 1999-2000 academic year. The scholarship was established through Bentley's participation in the BSE Corporate Partnership Program, a marketing and advertising effort launched to support the Exchange's public outreach programs and to form unique public-private alliances such as this joint educational initiative.

The $20,000 scholarship fund will finance two awards this academic year, one each at the undergraduate and graduate levels, and is targeted to students from the greater Boston area who plan to pursue studies in areas of mutual interest to the BSE and Bentley and seek a future career in securities trading. The Exchange will also work with Bentley to develop specially tailored service learning programs for these scholarship recipients in addition to internship projects already being offered by the BSE to other Bentley students.

Two outstanding students have been awarded scholarships for the current academic year: Bentley Freshman Stephane Ligonde, a native of Waltham, MA, who plans to major in Economics and Finance; and John Dittami, a graduate student at Bentley College's new M.S. in Global Financial Analysis program. Mr. Dittami graduated magna cum laude from Westfield State College in 1998 with a B.S. in Economics and Finance and resides in Westfield, MA.

On Monday, November 22nd, the two scholarship recipients will ring the closing bell on the floor of the Exchange in recognition of their achievement.

"This is a first-of-its-kind endeavor for the Exchange," said Nicole J. Kalicki, Assistant Vice President of BSE Corporate Communications. "Through the Bentley College-BSE Scholarship, students will have the opportunity to combine classroom studies with hands on practical skills development. We are pleased to give back to the community through the awarding of scholarship assistance."

"The Bentley College-BSE association is a natural outgrowth of our commitment to providing the most advanced business education possible," said André Bell, Vice President for Marketing, Communication and Enrollment at Bentley College. "Our students benefit tremendously from their experience in our state-of-the-art Trading Room on campus and the fast-paced, real-world business environment of the Boston Stock Exchange. In both, they witness the integration of technology and global financial markets, and learn what it will take to succeed in related careers."

The Boston Stock Exchange, Inc. (BSE) is a premier, national equities exchange that offers exceptional market quality, highly specialized products and services, innovative technology and outstanding customer service to the investment community. Long regarded as New England's exchange, the BSE has from its beginnings played an important part in the development of the region's financial markets, serving public companies, investment institutions, and brokerage firms. Also important is the vital role the Exchange performs today as a national, competitive exchange within the strongest capital market system in the world. Additional information on the BSE can be found at www.bostonstock.com.

BENTLEY UNIVERSITY is one of the nation’s leading business schools, dedicated to preparing a new kind of business leader – one with the deep technical skills, broad global perspective, and high ethical standards required to make a difference in an ever-changing world. Our rich, diverse arts and sciences program, combined with an advanced business curriculum, prepares informed professionals who make an impact in their chosen fields. Located on a classic New England campus minutes from Boston, Bentley is a dynamic community of leaders, scholars and creative thinkers. The Graduate School emphasizes the impact of technology on business practice, in offerings that include MBA and Master of Science programs, PhD programs in accountancy and in business, and customized executive education programs. The university enrolls approximately 4,100 full-time undergraduate, 140 adult part-time undergraduate, 1,430 graduate, and 43 doctoral students. Bentley is accredited by the New England Association of Schools and Colleges; AACSB International – The Association to Advance Collegiate Schools of Business; and the European Quality Improvement System, which benchmarks quality in management and business education. For more information, please visit www.bentley.edu.